6 Apr 2017 07:00
6 April 2017
APC TECHNOLOGY GROUP PLC
("APC" or the "Company")
Appointment of new Finance Director and notice of Interim Results
Appointment of new Finance Director
APC Technology Group PLC (AIM: APC), the provider of design-in, specification and distribution services for specialist electronic components and systems, lighting technologies and connectivity products, is pleased to announce the appointment of Michael Thompson as Finance Director of the Company. Michael will join the Board as a Director, effective immediately.
Michael qualified as a Chartered Accountant in 2007 following three years at a London practice. He then spent several years working for Vantis plc and FRP Advisory LLP, specialising in audit and business recovery. For the past 6 years Michael has worked in the fresh produce sector. Formerly as a senior finance manager for Bakkavor, and since 2014 as Finance Director for Newmafruit Farms Limited, a premier fruit farming and packing business with a turnover of £25M.
Following a tremendous effort in helping to turn the business round on an interim basis, Art Russell has left the Company to pursue new interests. Since joining the Company in October 2015, Art has made a significant contribution to reshaping the business and helping us to create the stable environment we now enjoy and upon which we can focus on delivering growth and new opportunities. With the operational review now almost fully implemented and with the consolidation of the majority of our business in Rochester, it is the right time to appoint a longer-term finance leader who is locally based.
The Board would like to thank Art for his significant contribution and wish him all the best in his future endeavours.
Notice of Interim Results
The Board is pleased to confirm that the interim results for the six-month period to 28 February 2017 will be announced on Tuesday 11 April 2017.
Enquiries
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Michael Thompson, Finance Director
Stockdale Securities Limited (Nominated Adviser and Broker) +44 (0)20 7601 6100
Mark Brown / Antonio Bossi / Edward Thomas
The following details in relation to the appointment of Mr Thompson are disclosed in accordance with Rule 17 and Schedule 2(g) of the AIM Rules:
Current Directorships:
None
Previous Directorships (held in past 5 years):
Newmafruit Farms Limited
Newmafruit International Limited
Icosagon Limited
Shanatova Limited
Shareholding:
Mr Thompson holds no shares or other financial instruments in the Company.